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Data: BlackRock's IBIT single-day trading volume reached 3.3 billion USD, hitting a nearly 6-month high

2024-10-30 09:37:54

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that the trading volume of the BlackRock Bitcoin spot ETF IBIT for this trading day reached $3.3 billion, the highest level in six months.

Although ETF trading volumes typically surge during economic downturns/crises, Balchunas is more inclined to attribute this to market FOMO sentiment, indicating that there will be more large inflows this week.

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